Historic Mexican peso Cambodian Riel

Mexican peso cambodian riel history for December 2023. The highest quote for this month is 241.29 (28/12/2023) and the lowest 241.83 (26/12/2023). The difference between high and low is -0.22.

MXN KHR average rate for December 2023 is 237.1975, the change between 01/12/2023 and 31/12/2023 is -2.47 %.

01 December 20231 MXN = 231.6 KHR
02 December 20231 MXN = 238.9 KHR
03 December 20231 MXN = 238.9 KHR
04 December 20231 MXN = 234.2 KHR
05 December 20231 MXN = 235.0 KHR
06 December 20231 MXN = 236.4 KHR
07 December 20231 MXN = 232.9 KHR
08 December 20231 MXN = 234.9 KHR
10 December 20231 MXN = 236.8 KHR
11 December 20231 MXN = 232.3 KHR
12 December 20231 MXN = 236.0 KHR
13 December 20231 MXN = 232.1 KHR
14 December 20231 MXN = 237.7 KHR
15 December 20231 MXN = 238.8 KHR
16 December 20231 MXN = 238.4 KHR
17 December 20231 MXN = 237.9 KHR
18 December 20231 MXN = 234.6 KHR
19 December 20231 MXN = 238.9 KHR
20 December 20231 MXN = 240.6 KHR
21 December 20231 MXN = 239.3 KHR
22 December 20231 MXN = 240.3 KHR
23 December 20231 MXN = 241.1 KHR
24 December 20231 MXN = 240.9 KHR
25 December 20231 MXN = 236.5 KHR
26 December 20231 MXN = 236.7 KHR
27 December 20231 MXN = 241.0 KHR
28 December 20231 MXN = 241.5 KHR
29 December 20231 MXN = 237.3 KHR

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
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